House Passes Three Bipartisan Committee Bills

ICYMI: April was Financial Literacy Month and the U.S. House of Representatives closed it out by passing three bipartisan financial services bills pertaining to financial literacy. See bills below:

• H. Res. 327, Encouraging Greater Public-Private Sector Collaboration to Promote Financial Literacy for Students and Young Adults, a resolution to encourage financial planning efforts among students and young adults. This legislation was introduced by Congressman Bill Foster (D-IL) and Congressman French Hill (R-AR). It passed by a voice vote.
  
  
• H. Res 328, Supporting the Protection of Elders Through Financial Literacy, a resolution in support of efforts to combat financial fraud and scams against seniors. This legislation was introduced by Congressman Sean Casten (D-IL) and Congressman John Rose (R-TN). It passed by a vote of 411-6.
  

• H.R. 1876, the Senior Security Act of 2019, a bill that would create a taskforce within the U.S. Securities and Exchange Commission, to address issues that affect senior investors. This legislation was introduced by Congressman Josh Gottheimer (D-NJ) and Congressman Trey Hollingsworth (R-IN). It passed by a vote of 392-20.

Tweet of the Week

 

Infrastructure Isn’t Just Bridges & Roads; It’s Also Housing

On Tuesday, the Full Committee held a hearing entitled, “Housing in America: Assessing the Infrastructure Needs of America’s Housing Stock.”

“Congress must recognize that our nation’s infrastructure extends beyond making investments in our roads, bridges, ports, and airports. It also includes our nation’s affordable housing.” – Chairwoman Waters. 

Click here for the Chairwoman’s full statement and see clip below.

Watch infrastructure Q&A by Congressman San Nicolas below.

Weekend Reads

• American Banker | House Dems put spotlight on auto lending discrimination
  
  
• Forbes | Diversity Is Important For Businesses' Bottom Line And America's Competitiveness
  
  
• Politico | Waters presses Mnuchin on Warmbier's North Korean 'medical bill'